5511 Franconia Rd
Alexandria, VA 22310
Bank of America: Alexandria, VA · Retail Property For Sale

Premier Brand: Bank of America (NYSE: BAC - Moody’s: Aa2; S&P: A+) is one of the world’s leading financial institutions serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. Absolute NNN Lease with Attractive Rent Escalations: Built in 2009 and remodeled in 2019, Bank of America’s newly-executed absolute NNN lease features 12% rent escalations every five (5) years throughout the initial 15-year primary term and at the commencement of each of the four (4) five-year options. Excellent Access/Visibility: Ideally located with excellent access and visibility on the corner of Gum Street and Franconia Road (Traffic Count: 34,000 VPD), a major east/west corridor that runs parallel to I-95/Capital Beltway Outer Loop (Traffic Count: 193,000 VPD). The site is also just one and one-half mile south of the City of Alexandria, which is situated across the Potomac River from Washington D.C and is nationally recognized for its rich history and beautifully preserved architecture.